Music manager Sarah Stennett and Len Blavatnik’s Access Industries, a privately-held industrial group with major holdings in the music, media and telecommunications sectors, today announced the formation of a new joint venture called First Access Entertainment.
First Access Entertainment will operate at the forefront of new entertainment-business models. It will focus on talent development and representation, brand development and representation, recording artists and songwriters, and rights exploitation, across the music, entertainment, and fashion industries. Artists that are signed and developed by First Access Entertainment will be distributed or released through Warner Music Group.
“Len Blavatnik has a unique, visionary perspective on the future of the music industry and has built an extensive portfolio of companies at the forefront of music, entertainment, fashion and culture,” said Sarah Stennett. “I am thrilled to partner with Access Industries and look forward to leveraging the synergies across our respective businesses to benefit new and existing talent.”
“I look forward to collaborating with Sarah and her team,” said Len Blavatnik, founder and chairman of Access Industries. “Sarah has successfully launched the careers of many renowned artists and brings extensive experience in talent discovery and artistic management.”
About Sarah Stennett
Sarah Stennett was previously the CEO of Turnfirst Artists. Sarah and her key executive team have been instrumental in developing, launching and managing the careers of artists such as Ellie Goulding, Rita Ora, Iggy Azalea, Jessie J and the hotly tipped for 2016 multi-instrumentalist Jack Garratt. Sarah has also been appointed by Zayn Malik to manage his solo career following his departure from the group One Direction. She is widely regarded as one of the most successful female executives in the music industry today. Turnfirst Artists management activities will now fall under the First Access Entertainment Joint Venture. Sarah has recently been awarded a visiting fellowship at the University of Westminster, London.
About Access Industries
Founded in 1986 by Len Blavatnik, an American entrepreneur and philanthropist, Access Industries is a privately-held industrial group with strategic investments in the United States, Europe and South America. With corporate offices in New York, London and Moscow, its holdings include a number of market-leading companies in the Natural Resources and Chemicals, Media and Telecommunications, Technology and E-commerce, and Real Estate sectors. For more information, visit www.accessindustries.com.
